Lasiri Weerathunga

• Develop and execute sourcing strategies for assigned product and material portfolios. • Conduct market intelligence analysis, including price trends and supplier competitiveness. • Define sourcing allocations and negotiate pricing, terms, and long-term contracts. • Build and manage cost models while driving cost reduction initiatives. • Lead supplier selection, approval, and performance evaluation processes. • Manage supplier quality, material development, and compliance requirements. • Support plants in resolving strategic, operational, and quality-related supplier issues. • Maintain optimal inventory levels and ensure effective stakeholder collaboration.

• Manage raw material inventory by analyzing stock levels, consumption patterns, and production requirements. • Negotiate pricing, terms, and sourcing allocations with local and global suppliers. • Raise purchase orders in line with company policies and contractual agreements. • Resolve supply chain, operational, and quality issues to ensure uninterrupted production. • Monitor supplier performance and lead cost reduction initiatives. • Coordinate import documentation and clearance to align shipments with production schedules. • Reduce buffer and blocked stock through proactive issue resolution. • Maintain strong supplier and stakeholder relationships while ensuring HSE compliance.

• Forecast monthly raw material demand based on finished goods forecasts and historical consumption • Standardize, validate, and maintain material master data. • Negotiate pricing and allocations for local and imported materials. • Coordinate with global buyers to manage key commodities and sudden demand changes. • Raise purchase orders and managed stock rescheduling to ensure timely delivery. • Maintain optimal inventory levels to support uninterrupted production • Evaluate supplier performance and contributed to contract development and KPI setting.

• Analyzing monthly raw material forecasts against current and historical consumption to align future procurement needs, managing an annual spend of approximately USD 20 million. • Study daily consumption and inventory trends to propose new requirements or adjust orders, ensuring timely and accurate material delivery. • Enhance supplier awareness and compliance with company standards by promoting continuous improvement in Quality, Safety, and ISO guidelines. • Build strategic relationships with suppliers and improved performance through regular evaluations and constructive feedback. • Collaborated closely with cross-functional teams to support business objectives and drive operational improvements. • Develop and maintain key performance indicators (KPIs) to support departmental and organizational goals.

• Plan and allocate production capacity based on order projections. • Coordinate order confirmations and delivery timelines with stakeholders. • Prepare variance analyses between projected and confirmed orders. • Implement monitoring mechanisms to track adherence to capacity plans • Lead weekly order status review meetings across divisional teams

Corporate Life Member